UNIVERSITY OF WAH
WAH ENGINEERING COLLEGE
Civil Engineering Department
Assignment # 01
Course Title: Engineering Economics Course Code: GE-302
Semester & Section: CE-5th Course Instructor: Ms. Nida Javed
Submission Deadline: Friday 25th October, 2019 at 1200hrs Total Marks: 10
Student Name_____________________ Reg No.___________________________
Q. No. 1 CLO 1, PLO 1, C1
Consider the accompanying breakeven graph for an investment, and answer the following questions
as they pertain to the graph.
Dollars (x 104)
$40 Total Revenue
$35
$30 Total cost
$25
$20
$15
$10
$5
$0 Output (units/year)
0 250 500 750 1000 1250 1500 1750
(a) Give the equation to describe total revenue for x units per year
(b) Give the equation to describe total costs for x units per year
(c) What is the “breakeven” level of x in terms of costs and revenues?
(d) If you sell 1500 units this year, will you have a profit or loss? How much?
Note: Attach this sheet at the top of your assignment. Page 1 of 1